Cairo: Egypt and Bahrain are working to deepen trade and investment links, with Egyptian Finance Minister Ahmed Kouchouk describing the countries' economic relations as undergoing a 'landmark shift' and urging the private sector to seize new opportunities for growth. Speaking at the Egyptian-Bahraini Business Forum in Cairo, Minister Kouchouk highlighted the positive impact of Egypt's ongoing economic reforms, which have opened the door for broader cooperation between the two nations.

According to State Information Service Egypt, Minister Kouchouk emphasized that the private sector accounted for 63 percent of total executed investments in Egypt last year, with non-oil goods exports rising by 33 percent. Key industries such as manufacturing, ICT, and tourism are experiencing strong expansion, contributing to the country's improving economic outlook.

Bahraini Industry and Commerce Minister Abdulla bin Adel Fakhro underlined the 'historic depth' of bilateral ties, noting that relations were built on more than just trade figures, but on a shared future. He highlighted the presence of approximately 2,000 joint companies active across various sectors, reflecting the growing investment base between the two countries.

Fakhro also noted Bahrain and Egypt's participation in the regional Integrated Industrial Partnership for Sustainable Economic Development, which aims to foster joint manufacturing and industrial integration. He emphasized Bahrain's competitive investment climate, advanced infrastructure, and strategic position as a gateway to Gulf and East Asian markets. Additionally, he cited Egypt's young workforce, promising industrial base, and large consumer market as complementary strengths.

Together, the ministers agreed, the two nations present 'ideal destinations for joint factories, industrial development centers, and innovation hubs' capable of serving regional and global markets. The forum demonstrated a shared determination to usher in 'a new era of prosperity and sustainability' for both countries.